If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector. Really depends on the company but if you want to get a loan banks want some safety to back it up
If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector.
Man, I wonder what it would be like to live like that. Just dependent on a company making money so you don’t have your livelihood taken from you…
If you work for a company and it goes bankrupt you don’t get your entire private shit seized. You can find a new company to work for. Starting a company based on debt is inherently risky. This comparison isn’t really as great as you think it is.
If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector. Really depends on the company but if you want to get a loan banks want some safety to back it up
Man, I wonder what it would be like to live like that. Just dependent on a company making money so you don’t have your livelihood taken from you…
If you work for a company and it goes bankrupt you don’t get your entire private shit seized. You can find a new company to work for. Starting a company based on debt is inherently risky. This comparison isn’t really as great as you think it is.